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Business, 18.03.2021 08:50 emokid7822

Suppose the college administrators estimate that the beautification initiative will cost $3,600. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 170 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $18.

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Suppose the college administrators estimate that the beautification initiative will cost $3,600. To...

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